Discontinued — last reported Q3 '18

Non-Current Assets

Capitalized Contract Costs, Net

Workday, Inc. Capitalized Contract Costs, Net increased by 2.3% to $859.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $734.00M to $859.00M. Over 4 years (FY 2021 to FY 2025), Capitalized Contract Costs, Net shows an upward trend with a 20.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2018

How to read this metric

An increase reflects high sales activity and customer acquisition, while the amortization rate indicates the expected duration of customer relationships.

Detailed definition

These are incremental costs incurred to obtain or fulfill a customer contract that are recognized as assets and amortize...

Peer comparison

Highly specific to SaaS and subscription companies; peers are compared based on the ratio of these costs to total contract value.

Metric ID: capitalized_contract_costs_net

Historical Data

19 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$389.00M$408.00M$423.00M$494.00M$497.00M$519.00M$531.00M$612.00M$598.00M$614.00M$640.00M$741.00M$721.00M$724.00M$734.00M$828.00M$812.00M$840.00M$859.00M
QoQ Change+4.9%+3.7%+16.8%+0.6%+4.4%+2.3%+15.3%-2.3%+2.7%+4.2%+15.8%-2.7%+0.4%+1.4%+12.8%-1.9%+3.4%+2.3%
YoY Change+27.8%+27.2%+25.5%+23.9%+20.3%+18.3%+20.5%+21.1%+20.6%+17.9%+14.7%+11.7%+12.6%+16.0%+17.0%
Range$389.00M$859.00M
CAGR+19.2%
Avg YoY Growth+19.7%
Median YoY Growth+20.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Workday, Inc.'s capitalized contract costs, net?
Workday, Inc. (WDAY) reported capitalized contract costs, net of $859.00M in Q3 2025.
How has Workday, Inc.'s capitalized contract costs, net changed year-over-year?
Workday, Inc.'s capitalized contract costs, net increased by 17.0% year-over-year, from $734.00M to $859.00M.
What is the long-term trend for Workday, Inc.'s capitalized contract costs, net?
Over 4 years (2021 to 2025), Workday, Inc.'s capitalized contract costs, net has grown at a 20.3% compound annual growth rate (CAGR), from $395.00M to $828.00M.
What does capitalized contract costs, net mean?
Costs paid to acquire or fulfill customer contracts that are recorded as assets and spread out over the life of the contract.